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MIL-OSI Banking: CCFDbank has no authorisation under section 32 of the German Banking Act (Kreditwesengesetz – KWG)

By   /  January 17, 2019  /  AM-NC, Banking and Finance, Bundesanstalt für Finanzdienstleistungsaufsicht, Business, CTF, DJF, Economics, English, Global Economy, KB, MIL OSI, Open Source Intel  /  Comments Off on MIL-OSI Banking: CCFDbank has no authorisation under section 32 of the German Banking Act (Kreditwesengesetz – KWG)

Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: CCFDbank has no authorisation under section 32 of the German Banking Act (Kreditwesengesetz – KWG) The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) wishes to state that it has not granted CCFDbank authorisation under section 32 of the KWG to conduct banking business or provide financial services. The […]

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MIL-OSI Translation: “Clear fraud! I ask for consideration! “- When investors complain to BaFin about the determination of prices

By   /  January 17, 2019  /  AM-NC, Bundesanstalt für Finanzdienstleistungsaufsicht, CTF, DJF, English, German Language, KB, MIL OSI, MIL Translation OSI, MIL-Translation, Open Source Intel, Translation German to English  /  Comments Off on MIL-OSI Translation: “Clear fraud! I ask for consideration! “- When investors complain to BaFin about the determination of prices

MIL OSI Translation. Region: Germany / Germany – Source: Federal Financial Supervisory Authority Headline: “Clear fraud! I ask for consideration! “- When investors complain to BaFin about the determination of prices When determining prices and trading in investment certificates and leverage products, investors sometimes perceive fraud or manipulation on the part of the issuer. This […]

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MIL-OSI Translation: BaFin New Year Press Reception: Focus on Brexit

By   /  January 16, 2019  /  AM-NC, Bundesanstalt für Finanzdienstleistungsaufsicht, CTF, DJF, English, German Language, KB, MIL OSI, MIL Translation OSI, MIL-Translation, Open Source Intel, Translation German to English  /  Comments Off on MIL-OSI Translation: BaFin New Year Press Reception: Focus on Brexit

MIL OSI Translation. Region: Germany / Germany – Source: Federal Financial Supervisory Authority Headline: BaFin New Year Press Reception: Focus on Brexit Not only in the British House of Commons was the Brexit on January 15 dominating topic. At this year’s BaFin New Year’s Press Reception, President Felix Hufeld also spoke extensively about the withdrawal […]

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MIL-OSI Banking: Publication of financial reports: Federal Office of Justice imposes disciplinary fine against Panamax Aktiengesellschaft

By   /  January 11, 2019  /  AM-NC, Banking and Finance, Bundesanstalt für Finanzdienstleistungsaufsicht, Business, CTF, DJF, Economics, English, Global Economy, KB, MIL OSI, Open Source Intel  /  Comments Off on MIL-OSI Banking: Publication of financial reports: Federal Office of Justice imposes disciplinary fine against Panamax Aktiengesellschaft

Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Publication of financial reports: Federal Office of Justice imposes disciplinary fine against Panamax Aktiengesellschaft On 7 November 2018, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 2,500 euros against Panamax Aktiengesellschaft. The disciplinary fine order related to a breach of section 325 […]

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MIL-OSI Banking: EIOPA publishes 2018 stress test results

By   /  January 8, 2019  /  AM-NC, Banking and Finance, Bundesanstalt für Finanzdienstleistungsaufsicht, Business, CTF, DJF, Economics, English, Global Economy, KB, MIL OSI, Open Source Intel  /  Comments Off on MIL-OSI Banking: EIOPA publishes 2018 stress test results

Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: EIOPA publishes 2018 stress test results German participants reinforce overall impression at European level Taken as a whole, the European insurance industry would be in a solid position if the stress scenarios were to materialise. However, the scenarios of a drop in interest rates accompanied by a prolonged period of […]

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MIL-OSI Banking: Maier + Partner Aktiengesellschaft: BaFin imposes administrative fine

By   /  January 8, 2019  /  AM-NC, Banking and Finance, Bundesanstalt für Finanzdienstleistungsaufsicht, Business, CTF, DJF, Economics, English, Global Economy, KB, MIL OSI, Open Source Intel  /  Comments Off on MIL-OSI Banking: Maier + Partner Aktiengesellschaft: BaFin imposes administrative fine

Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Maier + Partner Aktiengesellschaft: BaFin imposes administrative fine The administrative fine order related to the following breaches by Maier + Partner Aktiengesellschaft: In contravention of section 115 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG), Maier + Partner Aktiengesellschaft had failed to make its half-yearly financial […]

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MIL-OSI Translation: Shielding Act: BaFin consulted Design Assistance

By   /  January 3, 2019  /  AM-NC, Bundesanstalt für Finanzdienstleistungsaufsicht, CTF, DJF, English, German Language, KB, MIL OSI, MIL Translation OSI, MIL-Translation, Open Source Intel, Translation German to English  /  Comments Off on MIL-OSI Translation: Shielding Act: BaFin consulted Design Assistance

MIL OSI Translation. Region: Germany / Germany – Source: Federal Financial Supervisory Authority Headline: Shielding Act: BaFin consulted for interpretation assistance BaFin has submitted for consultation a draft version of the interpretative assistance to Article 2 of the Law on the Shielding of Risks and the Planning of the Reorganization and Resolution of Credit Institutions […]

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MIL-OSI Translation: BaFin publishes new general ruling on Common Equity Tier 1 instruments

By   /  January 1, 2019  /  AM-NC, Bundesanstalt für Finanzdienstleistungsaufsicht, CTF, DJF, English, German Language, KB, MIL OSI, MIL Translation OSI, MIL-Translation, Open Source Intel, Translation German to English  /  Comments Off on MIL-OSI Translation: BaFin publishes new general ruling on Common Equity Tier 1 instruments

MIL OSI Translation. Region: Germany / Germany – Source: Federal Financial Supervisory Authority Headline: BaFin publishes new general ruling on Common Equity Tier 1 instruments BaFin has published a new general ruling, which regulates to what extent newly issued shares in cooperative banks can be classified as instruments of common equity with the permission of […]

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MIL-OSI Banking: United Power Technology AG: BaFin imposes coercive fines

By   /  December 28, 2018  /  AM-NC, Banking and Finance, Bundesanstalt für Finanzdienstleistungsaufsicht, Business, CTF, DJF, Economics, English, Global Economy, KB, MIL OSI, Open Source Intel  /  Comments Off on MIL-OSI Banking: United Power Technology AG: BaFin imposes coercive fines

Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: United Power Technology AG: BaFin imposes coercive fines As BaFin made public United Power Technology AG offended against section 114 (1) sentences 2 and 3 of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG) with respect to the annual financial information for the financial year 2017. The order is enforceable but […]

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MIL-OSI Translation: BaFin plans renewed national restriction of CFD for retail investors

By   /  December 21, 2018  /  AM-NC, Bundesanstalt für Finanzdienstleistungsaufsicht, CTF, DJF, English, German Language, KB, MIL OSI, MIL Translation OSI, MIL-Translation, Open Source Intel, Translation German to English  /  Comments Off on MIL-OSI Translation: BaFin plans renewed national restriction of CFD for retail investors

MIL OSI Translation. Region: Germany / Germany – Source: Federal Financial Supervisory Authority Headline: BaFin Plans Renewed National Restriction of CFD to Retail Investors The German Federal Financial Supervisory Authority (BaFin) is preparing for the expiration of the product intervention measure of the European Securities and Markets Authority (ESMA) under the binary options also for […]

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